Don't Trade Stock Tips or Obsess About the Fed, Read Moby Dick Instead
You need to be inoculated from some strange but popular notions about the economy.
Interest rates
Federal Reserve Cuts Interest Rates After Trump Calls for Zero Interest Rates
The rate cut is too little, too late for Trump, who says after the move that his Fed chair lacks "guts, sense, vision"
Trump Demands Zero Interest Rates From "Boneheads" at the Federal Reserve
Such a move would emulate other economies, risk inflationary bubbles, and benefit his businesses.
What Caused the 2008 Financial Crisis: Market Distortions or Market Failure? A Debate
Former BB&T Bank CEO John Allison vs. Moody's Mark Zandi
Fed Officials Will Continue Interest Rate Hikes in Face of Booming Economy
Minutes from the Fed's June meeting indicate that it will continue gradual interest rate hikes.
Does Fractional Reserve Banking Endanger the Economy? A Debate
Texas Tech University's Robert Murphy vs. Cato's George Selgin at the Soho Forum
The Cost of Carrying Debt
Low interest rates ease the pain of carrying so much debt. But in the long run, somehow, the U.S. will end up paying for it.
